FINANCE AND COMMERCE

Taranaki Daily News, 12 July 1933, Page 12

FINANCE AND COMMERCE

SHAREMARKET TRANSACTIONS.

NEW ZEALAND EXCHANGES,

Dunedin: Sales on exchange: Bell-Kil-gour, Is. (four parcels). Repoited sales: Kaitangata, 21s. (two parcels); 4 per cent, stock (1940), £lOO, (1946), £lOO 15s. Christchurch: New Zealand Government 4 per cent, inscribed, 1946, £lOO 15s; Bank of Australasia, £11; Commercial Bank of Australia (cum div.), 16s 5d (2); National Bank of Australasia (£lO paid), £l2 17s 6d; do. (£5 paid), £6 6s; Bank of New Zealand, 48s 3d, 48s 4d, 48s 6d (2); Dalgety and Co., £9 6s 9d, £9 7s, New Zealand Refrigerating (10s paid), 6s 6d (5); Goldsbrough Mort, 27s lid; Christchurch Gas (10s paid), 13s (2); Dunlop Rubber, 18s Id; Mt. Lyell, 225; Bell Kilgour, Is (2), Is o£d; Big River, Is 4id (2); Gillespie’s Beach (9d paid), Is 6-Jd; Golden Point, ltd; Lawson’s Flat (Is paid), Is 3d (3); Mahakipawa, 2d; Nokomai, 4s (3). Sales reported: New Zealand Government 4 per cent, inscribed, 1946, £lOO 15s; Commercial Bank of Australia (cum div.), 16s 5d (2); P. and O. deferred stock, 235; New Zealand Refrigerating (£1 paid), 15s 7d. Auckland: New Zealand Government 31 per cent, inscribed stock, 1939-43, £100; do. 4 per cent., 1946, £lOO 15s; Commercial Bank of Australia, 16s 4Jd, 16s 5d (2); National Insurance, 16s 7d; New Zealand Insurance, 50s (2); Farmers’ Coop. Auctioneering (B pref.), 14s; National Mortgage, 45s 6d; New Zealand Guarantee Corporation, 6s; Taupiri Coal, 16s 6d; Kauri Timber, 13s Id; New Zealand Breweries, 33s 6d; Staples, 26s 9d; Colonial Sugar, £57; Wilson’s Cement, 33s 3d (2); Alexander, 20s 6d; Big River, Is 5d (5); Golconda, lid; Waihi, 22s Id, 22s 3d, 22s 4d (2); Waihi Junction, 3s 6d, 3s 7d; Mt. Lyell, 21s lid; 225. SYDNEY MARKET BUOYANT. By Telegraph—Press ’ Assn.—Copyright Rec. 8 p.m. Sydney, July 11. Stock Exchange business continues to embrace a wide range and the market is buoyant. Commonwealth loans are much firmer. Sales to-day were: Bank of New South Wales, £3l 17s 6d; Commercial Bank of Sydney, £l7 Is; Union Bank, £9 2s 6d; National Bank (£5 paid), £6 7s; Colonial Sugar, £57 10s; Associated News, 8s 7d; do. (pref.), 18s 6d; Anthony Hordern, 10s Gd; Berlei (con.), 13s 6d; Dunlop Perdriau, 18s 6d; Goldsbrough Mort, 28s 6d; Moms Hedstrom, 17s; Henry Jones, 38s 6d; Electrolytic Zinc, 22s 4d; Commonwealth Wool, 16s 3d; Tooth’s, 39s 7|d; Toohey’s, 245; Standard Cement, 14s 9d; Winchcombe Carson, 275; Wilcox Mofflin, 7s 8d; Broken Hill Proprietary, 34s -9d; South Broken IJill, 57s Cd; Commonwealth 4 per cent, bonds, 1938, £lO2 17s 6d; 1941, £lO3 Ils 3d; 1944, £lO4 7s 6d; 1947, £lO4 15s; 1950, £lO5 10s; 1953, £lO5 ss; 1955, £lO3 17s 6d; 1957, £lO4 12s 6d; 1959, £lO5 7s Gd; 1961, £lO5 7s 6d. Merooume reports the following sales: Commercial Bank of Australia, 16s 9d; Goldsbrough Mort, 28s 71d; Herald and Weekly Times, 44s 9d; Electrolytic Zinc, 22s 3d; Mt. Lyell, 22s 4£d; Taranaki Oil, 2s sd. WOOL PRICES MAINTAINED. BRITISH DEMAND CONTINUES. By Telegraph—Press Assn.—Copyright London, July 10. At the wool sales 9297 bales were offered, including 2638 from New Zealand, and about 4530 were sold. The brisk demand continued and the bulk of the offerings sold at full recent rates. New Zealand prices: Scoured Merinos, Mount Hutt, top 23id., average 22d.; greasy crossbred, Pahaunui, top 10d., average 7 5-sd. The Bradford market is very firm with a fair amount of business, especially in medium crossbreds. PRICE OF GOLD IN LONDON. By Telegraph—Press Assn. —Copyright London, July 10. Gold is quoted at £6 4s. 6d. per ounce, compared with £6 4s. sd. and £6 4s. 3d. on the two previous days. TALLOW AND HEMP. LONDON MARKETS QUIET. The Department of Agriculture has received the following cablegram, dated July 8, from the High Commissioner for New Zealand, London:— Tallow: Fair demand at auction, 865 casks offered, of which 296 sold. Present spot quotations are: Mutton, fine 255.; beef, dark to dull, 18s. 6d. to 19s. 6d.; sweet and/or mixed, 21s. 6d. to 235. 6d. Others unchanged. Hemp: Manila, market quiet but firm. “K” grade for August-October shipment value £l6. Sisal, market quiet but firm. No. 1 for August-October shipment value £l7 17s. 6d. September-November shipment sold £lB. New Zealand, market quiet and unchanged with no first-hand sales reported.